Press Releases

Raiffeisenbank is the best foreign bank of the year

Raiffeisenbank won the Big Money — 2012 prize in the Foreign Bank of the Year competition. The Big Money prize is awarded annually to the best representative of the banking industry. Prize winners are chosen by the co-organizers and experts from Banker’s Day-2012, a joint project of Itogi magazine, international ratings agency Fitch Ratings and the Russian Union of Entrepreneurs and Industrialists.

«The world around us is constantly changing, client needs continue to evolve, and we have to keep up with the times, and perhaps keep ahead of the times. The jury’s decision proved that the results of our work are visible and useful to society», — Sergey Monin, Chairman of the Board of ZAO Raiffeisenbank said.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 11th among the Russian banks in terms of assets, based on Q3 2012 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.

Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. In total, around 61,300 employees service about 14.6 million customers through around 3,100 business outlets, the great majority of which are located in CEE (these figures include Polbank). Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the group head office of the entire RZB Group, including RBI.